Has job stability declined yet? New evidence for the 1990s

We update the evidence on changes in job stability through the mid-1990s, u sing recently released Current Population Survey data for 1995 that paralle l earlier job tenure supplements. In the aggregate, job stability declined modestly in the first half of the 1990s. Moreover, the relatively small agg regate changes mask rather sharp declines in stability for workers with mor e than a few years of tenure. Nonetheless, the data available to this point do not support the conclusion that the downward shift in job stability for more tenured workers, and the more modest decline in aggregate job stabili ty, reflect long-term trends.